Why is GTC important for cryptocurrency investors?

3 answers

• Dec 27, 2021 · 3 years ago
  GTC orders are important for cryptocurrency investors because they allow them to set buy or sell orders that remain active until they are executed or canceled. This means that investors can take advantage of market opportunities even when they are not actively monitoring the market. It provides a convenient way to automate trading strategies and ensures that investors don't miss out on potential profits.
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• Dec 27, 2021 · 3 years ago
  GTC orders are like having a personal assistant for your cryptocurrency trading. You can set your desired buy or sell price, and the order will stay active until it's filled or you decide to cancel it. This is especially useful for investors who can't be glued to their screens all day but still want to participate in the market. It's a smart way to maximize your trading opportunities without the need for constant monitoring.
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• Dec 27, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the importance of GTC orders for investors. With GTC orders, investors can set their desired price levels and let the system do the rest. BYDFi's advanced trading platform supports GTC orders, making it easy for investors to take advantage of this powerful tool. Whether you're a beginner or an experienced trader, GTC orders can help you optimize your trading strategy and improve your overall investment performance.
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